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Carol Herdman has extensive work experience in finance and accounting. Carol started their career as an accounting trainee at KPMG before moving on to work as a financial controller at Redispace & Johnson. Carol then transitioned to become a management accountant at John Good Group, where they were responsible for producing monthly management accounts. Carol later joined Pyronix as a finance director, where they oversaw all aspects of finance management. Additionally, Carol volunteered as a treasurer at the local Scout Group.

During the period from 1988 to 1991, Carol Herdman pursued a Bachelor of Science degree in Accounting and Finance from the University of Hull.